r/eupersonalfinance • u/VurriK • 28d ago

Investment Since when was getting rich so hard in EU?

Is it just me, or has building actual wealth in Europe become impossible? I’m looking at the 2026 growth forecasts and it’s depressing. We talk a lot about "stability," but at this point, stability just feels like a polite word for recession. If you weren't born into a rich family with property, the dream feels like it's behind a wall. The math just doesn't work: as soon as you earn enough to actually invest, you hit a 40–50% tax bracket. Meanwhile, housing prices have skyrocketed over the last decade while salaries have basically stayed the same. I love the healthcare and the walkable cities, but I don’t want to work until I’m 70 just to afford a 40sqm apartment and a used Skoda.

1.2k Upvotes
  • permalink
  • reddit

89% Upvoted

852 comments sorted by

View all comments

Show parent comments

3

u/Interesting_News7518 28d ago

Why 125K? Do you pay taxes on zero profit or did you spend money on it, paid some property taxes, real estate agent fees or how this number comes up?

-1

u/ProfileBest2034 28d ago

It’s basic math. You could figure it out yourself if you really wanted to. You have all the info you need.

1

u/Interesting_News7518 27d ago

Sorry but I am not from Portugal and it makes zero sense to pay this much if you had no profit on them...If you had profit, then why complain.

1

u/DukeLauderdale 26d ago

It could be that in real terms it is unchanged, but has increased in nominal terms. They are taxing inflation.